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US pledges $153 million toward Mekong development

The U.S. Department of State on Friday pledged about $153.6 million for cooperation projects across the Mekong region, including crime fighting, data sharing, and disaster management. ...

Khmer Times Staff
https://www.khmertimeskh.com/50763322/us-pledges-153-million-toward-mekong-development/

Non-gold goods trade tops $36B in Jan-Nov

Cambodia’s global non-gold trade exceeded $36 billion in the first 11 months of 2021, rising by more than 24 per cent year-on-year, according to Ministry of Economy and Finance data. ...

Hin Pisei
https://www.phnompenhpost.com/business/non-gold-goods-trade-tops-36b-jan-nov

Rubber market bouncing back up

Cambodia exported more than 48,000 tonnes of rubber to international markets in the first two months of the year, an increase of six per cent compared to the same period last year, netting more than $76 million, according to data released by the Ministry of ...

Hin Pisei
https://www.phnompenhpost.com/business/rubber-market-bouncing-back

ACLEDA, ABA to facilitate Port EDI payment service

The Ministry of Public Works and Transport will sign a memorandum of understanding (MoU) with ACLEDA Bank and ABA Bank to facilitate the payment of public service fees via Port EDI, an electronic data exchange system. ...

Hom Phanet
https://www.phnompenhpost.com/business/acleda-aba-facilitate-port-edi-payment-service

Rising flight prices impact tourism rebound

The rising price of air tickets are impacting Cambodia’s tourism rebound, which was hit hard by Covid-19, businesses said on Tuesday. ...

Seng Mengheng
https://kiripost.com/stories/rising-flight-prices-impact-tourism-rebound

Reshaping eco-friendly shopping

Entrepreneur Vantha Vichiekha has successfully managed to launch two eco-friendly focused businesses that are helping to save the planet and empower Cambodian women – all by the age of 29. ...

Meas Molika
https://kiripost.com/stories/reshaping-eco-friendly-shopping

RCEP to boost trade by $40B

Regional Comprehensive Economic Partnership (RCEP) will boost trade volume by around $40 billion and increase real income by up to 2.5 percent, according to Prime Minister Hun Sen. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-hun-sen-rcep-to-boost-trade

A $200m Japanese loan to upscale Sihanoukville Port

Plans are in place for Cambodia to sign a $200 million loan with Japan to jointly develop Sihanoukville’s deep-sea port to enable ships that weigh up to 1,200 tons to dock. ...

Chhorn Raksmey
https://kiripost.com/stories/a-200m-japanese-loan-to-upscale-sihanoukville-port

Fleets of sand barges cross border as exports quietly restarted

Just a few years after U.N. trade data showed evidence of a massive discrepancy in sand exports to Singapore, the Cambodian government has quietly resumed selling the commodity overseas. ...

Andrew Haffner
https://vodenglish.news/fleets-of-sand-barges-cross-border-as-exports-quietly-restarted/

Cambodia urges Japan to reinstate direct flights

Cambodia has requested direct flights resume between the kingdom and Japan to help further promote tourism after a two-year hiatus due to the Covid-19 outbreak. ...

Meas Molika
https://kiripost.com/stories/cambodia-urges-japan-to-reinstate-direct-flights

Electric vehicle charge stations key to drive nationwide switch

Authorities have urged the private sector to invest in electric vehicle (EV) power stations and called on Cambodians to switch to electric vehicles to cut costs and become more environmentally friendly. ...

Chhorn Raksmey
https://kiripost.com/stories/electric-vehicle-charge-stations-key-to-drive-nationwide-switch

Grave concerns raised over VOD closure

International embassies and other organisations in Cambodia have raised grave concerns about the government’s snap decision to shutter independent media Voice of Democracy (VOD) after revoking its license. ...

Marissa Carruthers, Chhorn Raksmey
https://kiripost.com/stories/cambodia-grave-concerns-raised-over-vod-closure

MoU signed for India-Cambodia cross-border payments

The National Bank of Cambodia (NBC) and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MOU) to promote cross-border payments and remittances between Cambodia and India. ...

Meas Molika
https://kiripost.com/stories/mou-signed-for-india-cambodia-cross-border-payments

Fisheries sector receives innovative equipment to increase market access

Businesses involved in post-harvest fisheries received a raft of green and innovative technology, equipment and materials necessary to make business operations and production more effective and efficient. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-fisheries-sector-receives-innovative-equipment-to-increase-market-access

ThaiQR accessible at 1.5m Cambodian retailers

Thai tourists visiting Cambodia can now pay for goods easier after a bilateral agreement between the two countries was reached for cross-border QR payments. ...

Yatt Malai
https://kiripost.com/stories/thaiqr-accessible-at-150m-cambodian-retailers

Textile industry seeks solutions for circular economy

Government representatives and industry leaders in Cambodia are joining forces to explore opportunities for a circular textile economy, aiming to address the pressing challenges in waste management within the textile industry. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-textile-industry-seeks-solutions-for-circular-economy

Twenty-seven startups and SMEs receive $5,000 to $20,000 grants

Twenty-seven local startups and small and medium enterprises (SMEs) have received grant assistance from the government to support their post-Covid recovery and enhance export potentials. ...

Thai Sothea
https://kiripost.com/stories/cambodia-twenty-seven-startups-and-smes-receive-5000-to-20000-grants

$106m collected in unpaid vehicle tax

The General Department of Customs and Excise of Cambodia announced on Thursday that it has collected roughly $106 million from tax of vehicles between September 2021 and December 31, 2022. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-106m-collected-in-unpaid-vehicle-tax

Urgent call not to waste water amid shortages

Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water. ...

Prak Chan Thul
https://kiripost.com/stories/cambodia-urgent-call-not-to-waste-water-amid-shortages

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